South America Precooked Corn Flour Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Product Type (Yellow Corn Flour, White Corn Flour, and Others) Application (Bakery and Confectionery, Soup, Sauces and Dressings, RTE Meals and Foods, Extruded Snacks, and Others) 


No. of Pages: 101    |    Report Code: TIPRE00028653    |    Category: Food and Beverages

South America Precooked Corn Flour Market
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The precooked corn flour market in SAM is expected to grow from US$ 319.02 million in 2021 to US$ 438.46 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.

 

The demand for gluten-free food products has grown considerably over the past few years due to the rising prevalence of celiac disease in several countries. Celiac disease is an autoimmune disorder that damages the small intestine lining and restrains the absorption of nutrients from consumed food items. This damage is mainly caused due to the reaction of consuming foods with high gluten content, such as wheat, rye, barley, and oats. Gluten consumption creates various health issues in some people. Moreover, excess consumption of these products can lead to serious health issues like sensitivity, wheat allergy, and celiac disease. According to the World Gastroenterology Organization (WGO), celiac disease is affecting people from all age groups, including adults and the elderly. Besides the increased prevalence of celiac disease, gluten-free products are also gaining popularity due to the increasing number of people suffering from inflammatory diseases. The demand for gluten-free food products has increased over the past few years due to increasing awareness about the advantages of a healthy lifestyle among consumers. Consumers prefer gluten-free products processed from corn, millets, soybean, and pseudocereals to maintain a healthy lifestyle. Moreover, precooked corn flour prepared from pure ground corn does not contain gluten. Instead of gluten, precooked corn flour contains hemicellulose, which is a glue-like component found in corn. Therefore, food products made from precooked corn flour are suitable for consumption for people suffering from gluten intolerance or celiac disease. Thus, the increasing demand for gluten-free food products is driving the market.

 

Brazil reported the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador. Governments in South America have taken an array of actions to protect their citizens and combat the spread of the COVID-19 virus through lockdowns, trade bans, and travel restrictions. This may have a direct impact on the growth of the precooked corn flour market due to significant disruptions in terms of sourcing of raw materials from suppliers as well as temporary closures of the manufacturing base due to indefinite lockdowns and temporary quarantines. As there have been relaxations in the lockdown, there has been an increase in demand for healthy bakery items and ready-to-eat as well healthy snack products, which is fueling the need for precooked corn flour.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the precooked corn flour market. The SAM precooked corn flour market is expected to grow at a promising CAGR during the forecast period.

 

SAM Precooked Corn Flour Market Revenue and Forecast to 2028 (US$ Million)
SAM Precooked Corn Flour Market Revenue and Forecast to 2028 (US$ Million)

SAM Precooked Corn Flour Market Segmentation

 

SAM Precooked Corn Flour Market –

by Product Type

  • Yellow Corn Flour
  • White Corn Flour
  • Others

SAM Precooked Corn Flour Market – by Application

  • Bakery and Confectionery
  • Soup, Sauces, and Dressings
  • RTE Meals and Foods
  • Extruded Snacks
  • Others

SAM Precooked Corn Flour Market – by Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM Precooked Corn Flour Market – Companies Mentioned

  • Agricor
  • Archer Daniels Midland Company
  • Buhler
  • Bunge Limited
  • Cargill, Incorporated
  • Gruma, S.A.B de C.V
  • Limagrain
  • Molion Peila SpA
  • SEMO Milling LLC

South America Precooked Corn Flour Strategic Insights

Strategic insights for the South America Precooked Corn Flour provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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South America Precooked Corn Flour Report Scope

Report Attribute Details
Market size in 2021 US$ 319.02 Million
Market Size by 2028 US$ 438.46 Million
Global CAGR (2021 - 2028) 4.6%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product Type
  • Yellow Corn Flour
  • White Corn Flour
By Application
  • Bakery and Confectionery
  • Soup
  • Sauces and Dressings
  • RTE Meals and Foods
  • Extruded Snacks
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • Agricor
  • Archer Daniels Midland Company
  • Buhler
  • Bunge Limited
  • Cargill, Incorporated
  • Gruma, S.A.B de C.V
  • Limagrain
  • Molion Peila SpA
  • SEMO Milling LLC
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    South America Precooked Corn Flour Regional Insights

    The geographic scope of the South America Precooked Corn Flour refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - South America Precooked Corn Flour Market

    1. Agricor
    2. Archer Daniels Midland Company
    3. Buhler
    4. Bunge Limited
    5. Cargill, Incorporated
    6. Gruma, S.A.B de C.V
    7. Limagrain
    8. Molion Peila SpA
    9. SEMO Milling LLC
    Frequently Asked Questions
    How big is the South America Precooked Corn Flour Market?

    The South America Precooked Corn Flour Market is valued at US$ 319.02 Million in 2021, it is projected to reach US$ 438.46 Million by 2028.

    What is the CAGR for South America Precooked Corn Flour Market by (2021 - 2028)?

    As per our report South America Precooked Corn Flour Market, the market size is valued at US$ 319.02 Million in 2021, projecting it to reach US$ 438.46 Million by 2028. This translates to a CAGR of approximately 4.6% during the forecast period.

    What segments are covered in this report?

    The South America Precooked Corn Flour Market report typically cover these key segments-

    • Product Type (Yellow Corn Flour, White Corn Flour)
    • Application (Bakery and Confectionery, Soup, Sauces and Dressings, RTE Meals and Foods, Extruded Snacks)

    What is the historic period, base year, and forecast period taken for South America Precooked Corn Flour Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Precooked Corn Flour Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in South America Precooked Corn Flour Market?

    The South America Precooked Corn Flour Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Agricor
  • Archer Daniels Midland Company
  • Buhler
  • Bunge Limited
  • Cargill, Incorporated
  • Gruma, S.A.B de C.V
  • Limagrain
  • Molion Peila SpA
  • SEMO Milling LLC
  • Who should buy this report?

    The South America Precooked Corn Flour Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South America Precooked Corn Flour Market value chain can benefit from the information contained in a comprehensive market report.

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